Cross-border ecommerce is growing rapidly around the world, as many businesses are taking advantage of the speed and ease of selling their products online. However, as cross-border ecommerce continues to grow, many businesses are unexpectedly faced with new tax compliance challenges associated with moving products around the globe.
Goals and Objectives
Leverage technology advances like machine learning and artificial intelligence to support the tax functions, including the collection and analysis of relevant data to expose possible areas of risk/exposure.
Enterprise hardware, personal devices, cloud, Big Data and analytics, mobile, applications, business consulting, and cognitive technologies
Use Case Summary
Tax compliance software is capable of handling the massive data and regulatory requirements necessary for business to conduct sales transactions in multiple countries.